Sarenco. I presume you have not read the form? Read it and then see if you think the same. It is simply a direction to pay the money into whatever account you want.
ptsb has not helped by using the expression "offer" although it is not on the form. It is nor like a claim for compensation where you claim €100k. They offer €20k. And you settle by agreement on €50k in full and final settlement. It is a payment, not an offer.
Have you seen or heard any of the interviews with him? He just took an injunction because he misunderstood the form. He achieved absolutely nothing. He has accepted the payment which they proposed to make last week.
A completely separate issue to his trips to the court. He may choose to bypass the Appeals process. I think he is wrong, but he may be right and I may be wrong.
The key thing is that signing that form to nominate the account to which the money is to be paid, does not affect that at all.